RE: City of Virginia Beach invests $500K into Bitcoin Mining Operation

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City of Virginia Beach invests $500K into Bitcoin Mining Operation

in bitcoin •  7 years ago 

Wow, really? I can't believe municipalities are getting into Bitcoin! That's pretty cool. And per the article you directed me to, I had no idea that, " . . .bitcoin was classified as a legal, convertible decentralized virtual currency in 2013 by the U.S. Treasury." It's going to hire 100 people. Look at Bitcoin creating JOBS! I never thought of the far reaching implications of Bitcoin becoming an industry.

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Yeah, it's a really progressive step but there is a lot of money behind it. Could seriously bring a lot of overseas investors to the US. Hope to see more cities jump on. Exciting times!